SaltX Technology is a Swedish Greentech company that develops and markets sustainable technology that benefits customers, the climate, and society. Today, the company issued its Interim Report Q2 - 2024.
"SaltX is the only company globally with a fully electrified manufacturing method for the quicklime and cement industry".
- Carl-Johan Linér, CEO SaltX
Presentation of the Interim Report
The report is presented in a video interview where SaltX CEO Carl-Johan Linér talks about the quarter that has passed, answers questions from shareholders, and describes the company's plans going forward. Feel free to continue sending questions via email: investors@saltxtechnology.com
CEO interview, Interim Report Q2-2024 with Carl-Johan Linér - https://youtu.be/zLdc9bB-ISI
FINANCIAL EVENTS
The second quarter
- Net sales amounted to MSEK 4.6 (3.6)
- Operating profit/loss (EBIT) totaled MSEK 4.8 (-12.5)
- Cash flow from operating activities amounted to MSEK -16.1 (-9.1)
- Earnings per share before and after dilution amounted to SEK -0.03 (-0.10)
Year-to-date January - June
- Net sales amounted to MSEK 21.3 (6.9)
- Operating profit/loss (EBIT) totaled MSEK -17.2 (-21.4)
- Cash flow from operating activities amounted to MSEK -35.6 (-17.9)
- Earnings per share before and after dilution amounted to SEK -0.11 (-0.20)
SIGNIFICANT EVENTS
The second quarter
- SaltX completed a directed share issue of approximately MSEK 38 and entered into a cooperation agreement with ABB in March/April
- SaltX and SMA Minerals' concept for production of fossil-free quicklime (ZEQL) delivers CO2 for future manufacturing of e-Fuels
- SaltX, SMA Mineral, and SSAB initiated phase two of their pre-study - planning for an electric manufacturing plant fossil-free quicklime
- SaltX's conditional loan of approximately MSEK 24 from the Swedish Energy Agency was converted to a grant
After the end of the period
- Carl-Johan Linér steps down as CEO of SaltX - Lina Jorheden appointed acting CEO
- SaltX secures MSEK 20 loan from Industrifonden and SMA Mineral
Read the full report here:
https://www.saltxtechnology.com/investor/news/financial-reports/
Stockholm August 23, 2024
Board & CEO
For further information, please contact:
Carl-Johan Linér (CEO) +46 705-32 08 08
Harald Bauer (CFO) +46 708-10 80 34
*************************************************
This information is such information that SaltX Technology Holding AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the care of the above contact persons, for publication on August 23, 2024, at 08.00 CET.
About SaltX Technology
SaltX is a Swedish Greentech company that develops and markets sustainable technology that will benefit customers, the climate, and society. The company operates within the electrification of emission-intensive industries such as the lime and cement industries. SaltX Technology's share is listed on the Nasdaq First North Premier Growth Market. For more information, visit: www.saltxtechnology.com.
Stockholm, 2024-08-23
